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Discover Financial Services

DFSDelisted May 19, 2025
Industry
Personal Credit Institutions
SEC CIK
0001393612

Discover Financial Services was delisted on May 19, 2025; its insiders filed their last Form 4 on May 19, 2025; 1,176 institutions reported holding it in 13F filings for Q1 2025, worth $37.3B in total; superinvestors Third Point and Maverick Capital held it.

13F holders, Q2 2023

Institutional positions in Discover Financial Services as of Jun 30, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
975
+24 vs. Q1 2023
Shares held
212.3M
−4.04M (−1.9%) vs. Q1 2023
Total value
$24.7B
+$3.50B (+16.5%) vs. Q1 2023
New holders
97
283 more added
Sold out
73
426 more reduced

7 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DFS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2023: 975 institutions
Q1 2021: 897 institutionsQ2 2021: 927 institutionsQ3 2021: 946 institutionsQ4 2021: 983 institutionsQ1 2022: 953 institutionsQ2 2022: 944 institutionsQ3 2022: 927 institutionsQ4 2022: 980 institutionsQ1 2023: 958 institutionsQ2 2023: 975 institutionsQ3 2023: 908 institutionsQ4 2023: 979 institutionsQ1 2024: 1,036 institutionsQ2 2024: 1,030 institutionsQ3 2024: 1,061 institutionsQ4 2024: 1,173 institutionsQ1 2025: 1,176 institutionsQ2 2025: 10 institutionsQ3 2025: 2 institutionsQ4 2025: 2 institutionsQ1 2026: 4 institutionsQ2 2026: 1 institution
Value heldQ2 2023: $24.7B
Q1 2021: $24.8BQ2 2021: $30.6BQ3 2021: $30.8BQ4 2021: $28.2BQ1 2022: $26.1BQ2 2022: $21.8BQ3 2022: $20.7BQ4 2022: $21.9BQ1 2023: $21.3BQ2 2023: $24.7BQ3 2023: $18.3BQ4 2023: $24.4BQ1 2024: $27.9BQ2 2024: $27.8BQ3 2024: $30.0BQ4 2024: $37.6BQ1 2025: $37.3BQ2 2025: $15.3MQ3 2025: $1.08MQ4 2025: $1.15KQ1 2026: $8.35MQ2 2026: $200
Institutions holding DFS and their total value by quarter
QuarterHoldersValue
Q2 20261$200
Q1 20264$8.35M
Q4 20252$1.15K
Q3 20252$1.08M
Q2 202510$15.3M
Q1 20251,176$37.3B
Q4 20241,173$37.6B
Q3 20241,061$30.0B
Q2 20241,030$27.8B
Q1 20241,036$27.9B
Q4 2023979$24.4B
Q3 2023908$18.3B
Q2 2023975$24.7B
Q1 2023958$21.3B
Q4 2022980$21.9B
Q3 2022927$20.7B
Q2 2022944$21.8B
Q1 2022953$26.1B
Q4 2021983$28.2B
Q3 2021946$30.8B
Q2 2021927$30.6B
Q1 2021897$24.8B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q1 2023.

Institutions holding DFS in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Tower Research Capital LLC (TRC)14,121$1.65M0.06%+893+6.8%Added
iA Global Asset Management Inc.14,163$1.66M0.04%+14,163New
Brinker Capital Investments, LLC9,830$1.66M0.02%−741−7.0%Reduced
Orion Portfolio Solutions, LLC9,830$1.66M0.02%−741−7.0%Reduced
Forefront Wealth Management Inc.14,341$1.68M2.21%+29+0.2%Added
GWM Advisors LLC14,351$1.68M0.02%−1,256−8.0%Reduced
Federation des caisses Desjardins du Quebec14,602$1.71M0.02%+2,213+17.9%Added
Steel Peak Wealth Management LLC14,704$1.72M0.10%+14,704New
Affinity Investment Advisors, LLC15,093$1.76M1.02%+665+4.6%Added
Stock Yards Bank & Trust Co15,268$1.78M0.07%−1,488−8.9%Reduced
Integrated Advisors Network LLC15,392$1.80M0.10%−197−1.3%Reduced
Condor Capital Management15,422$1.80M0.22%−12,360−44.5%Reduced
Engineers Gate Manager LP15,693$1.83M0.07%−6,771−30.1%Reduced
Louisiana State Employees Retirement System15,700$1.83M0.04%−1,700−9.8%Reduced
Davenport & Co LLC15,772$1.84M0.01%−21,442−57.6%Reduced
Community Capital Management, Inc.16,300$1.90M2.64%00.0%Unchanged
Voloridge Investment Management, LLC16,443$1.92M0.01%−5,237−24.2%Reduced
RBF Capital, LLC16,500$1.93M0.12%00.0%Unchanged
Round Hill Asset Management16,536$1.93M1.19%+20+0.1%Added
Lighthouse Investment Partners, LLC16,684$1.95M0.15%−12,158−42.2%Reduced
Y-Intercept (Hong Kong) Ltd16,732$1.96M0.21%+5,726+52.0%Added
Malaga Cove Capital, LLC16,772$1.96M0.91%−160−0.9%Reduced
Griffin Asset Management, Inc.16,841$1.97M0.27%00.0%Unchanged
Camelot Portfolios, LLC16,976$1.98M1.24%−297−1.7%Reduced
Wesbanco Bank Inc17,242$2.02M0.08%−5,311−23.5%Reduced
Keeley-Teton Advisors, LLC17,362$2.03M0.26%−8,502−32.9%Reduced
Hartford Investment Management Co17,927$2.09M0.08%−4,436−19.8%Reduced
Kestra Advisory Services, LLC17,928$2.09M0.02%−696−3.7%Reduced
Ferguson Wellman Capital Management, Inc17,935$2.10M0.05%−671−3.6%Reduced
Great Diamond Partners, LLC18,616$2.18M0.57%+164+0.9%Added
Commerce Bank18,872$2.21M0.02%+3,485+22.6%Added
Bell & Brown Wealth Advisors, LLC19,096$2.23M1.12%−43−0.2%Reduced
Maryland State Retirement & Pension System19,353$2.26M0.05%−1,809−8.5%Reduced
Wellington Management Group LLP19,802$2.31M0.00%−19,293−49.3%Reduced
Oregon Public Employees Retirement Fund19,817$2.32M0.03%−1,063−5.1%Reduced
Mork Capital Management, LLC20,000$2.34M1.79%+5,000+33.3%Added
Chicago Partners Investment Group LLC22,824$2.35M0.12%+555+2.5%Added
Bryn Mawr Trust Co20,231$2.36M0.10%−850−4.0%Reduced
Appleton Partners Inc20,234$2.36M0.20%−14−0.1%Reduced
Connors Investor Services Inc20,319$2.37M0.27%00.0%Unchanged
Alaska Permanent Fund Corp20,400$2.38M0.05%+20,400New
Kentucky Retirement Systems20,418$2.39M0.08%−693−3.3%Reduced
Securian Asset Management, Inc21,005$2.45M0.06%−1,370−6.1%Reduced
Achmea Investment Management B.V.21,086$2.46M0.05%+632+3.1%Added
Barnett & Company, Inc.21,160$2.47M1.84%−400−1.9%Reduced
Capital International Inc21,247$2.48M0.05%+18,479+667.6%Added
Daiwa Securities Group Inc.21,255$2.48M0.02%−280−1.3%Reduced
Elo Mutual Pension Insurance Co21,343$2.49M0.07%−474−2.2%Reduced
Parallax Volatility Advisers, L.P.21,379$2.50M0.09%+6,105+40.0%Added
Baker Avenue Asset Management, LP21,810$2.55M0.13%+21,633+12,222.0%Added
Strategic Wealth Partners, Ltd.21,956$2.57M0.33%+21,956New
Dana Investment Advisors, Inc.22,151$2.59M0.13%+2,320+11.7%Added
La Banque Postale Asset Management SA22,238$2.60M0.06%−923−4.0%Reduced
Bank of Nova Scotia22,250$2.60M0.01%+2,085+10.3%Added
Cypress Financial Planning LLC22,225$2.62M1.50%00.0%Unchanged
Amica Mutual Insurance Co22,485$2.63M0.30%−20,317−47.5%Reduced
Cetera Investment Advisers22,492$2.63M0.02%+1,162+5.4%Added
Wealthfront Advisers LLC22,519$2.63M0.01%+849+3.9%Added
JustInvest LLC22,558$2.64M0.08%+1,374+6.5%Added
Advisor Partners II, LLC22,799$2.66M0.12%+1,206+5.6%Added
Zacks Investment Management23,118$2.70M0.03%−982−4.1%Reduced
Shell Asset Management Co23,146$2.71M0.11%−252−1.1%Reduced
Mercer Global Advisors Inc23,171$2.71M0.01%+751+3.3%Added
Pathstone Family Office, LLC22,089$2.71M0.04%+464+2.1%Added
L2 Asset Management, LLC22,666$2.72M1.33%+4,891+27.5%Added
Integrated Wealth Concepts LLC23,351$2.73M0.05%+4,628+24.7%Added
British Columbia Investment Management Corp23,392$2.73M0.03%−936−3.8%Reduced
TCTC Holdings, LLC23,522$2.75M0.11%00.0%Unchanged
Old Second National Bank of Aurora23,561$2.75M0.80%−473−2.0%Reduced
TD Private Client Wealth LLC23,724$2.77M0.12%+477+2.1%Added
Baird Financial Group, Inc.23,898$2.79M0.01%−22−0.1%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,989$2.80M0.03%+33+0.1%Added
LS Investment Advisors, LLC24,034$2.81M0.49%−800−3.2%Reduced
Investment Management Corp of Ontario24,075$2.81M0.12%+3,786+18.7%Added
Glenview Trust Co24,233$2.83M0.08%+62+0.3%Added
Teachers Retirement System of the State of Kentucky24,282$2.84M0.03%−2,240−8.4%Reduced
NJ State Employees Deferred Compensation Plan24,350$2.85M0.41%00.0%Unchanged
GTS Securities LLC24,660$2.88M0.09%+24,660New
Colony Group LLC25,182$2.94M0.04%+662+2.7%Added
Seascape Capital Management25,245$2.95M1.40%−214−0.8%Reduced
Assetmark, Inc25,294$2.96M0.01%−223−0.9%Reduced
Cumberland Partners Ltd25,446$2.97M0.27%−445−1.7%Reduced
Ergoteles LLC25,463$2.98M0.14%−107,492−80.8%Reduced
Power Corp of Canada25,606$2.99M0.31%−22,817−47.1%Reduced
North Star Asset Management Inc25,675$3.00M0.17%−11,209−30.4%Reduced
Centiva Capital, LP25,957$3.03M0.15%+4,208+19.3%Added
Cresset Asset Management, LLC25,971$3.03M0.02%+16,017+160.9%Added
IFG Advisory, LLC26,081$3.05M0.27%+12,038+85.7%Added
Gulf International Bank (UK) Ltd26,344$3.08M0.08%−9,653−26.8%Reduced
Heritage Investors Management Corp26,533$3.10M0.12%−324−1.2%Reduced
Carlson Capital L P26,871$3.14M0.27%−206,800−88.5%Reduced
Captrust Financial Advisors27,653$3.23M0.01%+6,344+29.8%Added
Mackenzie Financial Corp27,991$3.31M0.01%−733−2.6%Reduced
Signet Financial Management, LLC28,896$3.38M0.53%+168+0.6%Added
Public Employees Retirement Association of Colorado29,054$3.40M0.02%−6,194−17.6%Reduced
Nissay Asset Management Corp29,302$3.42M0.03%−1,827−5.9%Reduced
Cambridge Investment Research Advisors, Inc.29,301$3.42M0.02%+1,510+5.4%Added
Northwestern Mutual Wealth Management Co29,413$3.44M0.00%+3,997+15.7%Added
Acadian Asset Management LLC29,481$3.44M0.01%−6,793−18.7%Reduced
Cetera Advisor Networks LLC29,659$3.47M0.02%+842+2.9%Added